Category «Financial System»

Incoming New York attorney general plans wide-ranging investigations of Trump and family

NBCNews: “New York Attorney Gen.-elect Letitia James says she plans to launch sweeping investigations into President Donald Trump, his family and “anyone” in his circle who may have violated the law once she settles into her new job next month. “We will use every area of the law to investigate President Trump and his business …

Subjects: Financial System, Government Documents, Legal Research

Cybersecurity of the Person

Kosseff, Jeff, Cybersecurity of the Person (October 31, 2018). First Amendment Law Review, 2019. Available at SSRN: https://ssrn.com/abstract=3276218 “U.S. cybersecurity law is largely an outgrowth of the early-aughts concerns over identity theft and financial fraud. Cybersecurity laws focus on protecting identifiers such as driver’s licenses and social security numbers, and financial data such as credit …

Subjects: Cybercrime, Cybersecurity, Financial System, Legal Research

House Cmte Investigation Issues Scathing Report on Equifax Breach

The Hill: “The House Oversight and Government Reform Committee, following a 14-month probe, released a scathing report Monday saying the consumer credit reporting agency aggressively collected data on millions of consumers and businesses while failing to take key steps to secure such information. The breach is estimated to have harmed 148 million consumers. “In 2005, former Equifax Chief Executive Officer (CEO) Richard …

Subjects: Cybercrime, Cybersecurity, Financial System, Government Documents, Privacy

As fake news flourishes UK’s fact-checkers are turning to automation to compete

Wired – Speed is everything in a post-truth world of alternative facts, online propaganda and political lies. Full Fact, the UK’s fact-checkers, are increasingly relying on technology to tackle counter-narratives: “..Since its inception in 2010, Full Fact has been parsing claims from British politicians and media, cross-referencing them with reliable data and labelling them as …

Subjects: Economy, Financial System, Government Documents, Internet, Knowledge Management, Legal Research, Social Media

The Bloomberg 50

The Bloomberg 50: “What does Black Panther director Ryan Coogler have in common with Ben van Beurden, chief executive officer of Royal Dutch Shell? Or Representative-elect Alexandria Ocasio-Cortez with Michael Gelband, co-founder and CEO of ExodusPoint Capital Management? A place on the second annual Bloomberg 50, our look at the people in business, entertainment, finance, …

Subjects: Congress, Economy, Financial System

CBO’s Long-Term Social Security Projections

CBO’s Long-Term Social Security Projections: Changes Since 2017 and Comparisons With the Social Security Trustees’ Projections – December 3, 2018: “This report explains the changes to CBO’s long-term Social Security projections since last year and compares CBO’s projections with those of the Social Security Trustees. The projected 75-year actuarial balance, a commonly used measure of …

Subjects: Economy, Financial System, Government Documents, Legal Research

Letting Algorithms Replace Human Appraisers

UK Daily Mail: Proposed new regulations would allow homes to be bought and sold through electronic valuations rather than human appraisers Home appraisals could be done electronically without the need for a licensed human regulator, according to new proposals   Regulators say the vast majority of homes could be appraised using electronic algorithms which could make house buying …

Subjects: AI, Financial System, Housing, Legal Research

Social Security Administration offers dozens of publications in multiple formats

The 149 publications are listed in reverse chronological order [newest first] and each is available in PDF, Audio and up to 14 different languages. Current titles include the following: Understanding The Extra Help With Your Medicare Prescription Drug Plan 05-10508, ICN 470112, December 2018. An overview of the Extra Help available to cover the costs …

Subjects: E-Government, Economy, Financial System, Government Documents, Knowledge Management

General Motors, Sears and Toys R Us: Layoffs across America highlight our shredding financial safety net

NBC News – Millions of Americans are in danger of entering their final decades unable to afford ballooning medical bills and cost-of-living expenses. “Today’s aging workforce faces an uncertain future. The announcement this week that General Motors will lay off 15 percent of its salaried workforce and shutter multiple plants in North America was a …

Subjects: Economy, Financial System